Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and Cash Equivalents	[1]	$ 74,382	$ 75,037
Restricted Cash	[1]	400	700
Accounts Receivable	[1]	141	141
Accounts Receivable from Servicer/Trustee	[1]	1,219	220
Accrued Interest Receivable	[1]	18,769	16,861
Loans Held for Investment (includes $2,159,565 and $2,694,106 pledged as collateral under secured revolving repurchase agreements, respectively)		3,597,210	3,175,672
Investment in Commercial Mortgage-Backed Securities, Available-for-Sale (includes $47,417 and $47,762 pledged as collateral under secured revolving repurchase agreements, respectively)		149,044	85,895
Other Assets, net	[1]	734	859
Total Assets	[1]	3,841,899	3,355,385
Liabilities
Accrued Interest Payable	[1]	5,630	5,385
Accrued Expenses	[1]	6,734	5,067
Collateralized Loan Obligation (net of deferred financing costs of $8,471 and $0, respectively)	[1]	737,433
Secured Revolving Repurchase and Senior Secured Agreements (net of deferred financing costs of $7,533 and $8,697, respectively)		1,631,817	1,827,104
Notes Payable (net of deferred financing costs of $1,213 and $1,601, respectively)	[1]	236,378	287,886
Payable to Affiliates	[1]	5,875	5,227
Deferred Revenue	[1]	112	317
Dividends Payable	[1]	25,307	23,068
Total Liabilities	[1]	2,649,286	2,154,054
Commitments and Contingencies—See Note 14	[1]
Stockholders’ Equity:
Preferred Stock ($0.001 par value; 100,000,000 and 125 shares authorized; 125 and 125 shares issued and outstanding, respectively)	[1]
Additional Paid-in-Capital	[1]	1,216,155	1,216,112
Accumulated Deficit	[1]	(23,355)	(14,808)
Accumulated Other Comprehensive (Loss)		(248)	(34)
Total Stockholders' Equity	[1]	1,192,613	1,201,331
Total Liabilities and Stockholders' Equity	[1]	3,841,899	3,355,385
Common Stock, Undefined Class
Stockholders’ Equity:
Common Stock Value	[1]	60	60
Class A Common Stock
Stockholders’ Equity:
Common Stock Value	[1]	1	1
Total Stockholders' Equity		$ 1	$ 1

[1] At December 31, 2017, there were no VIE assets or liabilities recorded in the Company’s Total Assets and Total Liabilities. The Company’s consolidated Total Assets and Total Liabilities at March 31, 2018 include VIE assets and liabilities of $937.5 million and $738.5 million, respectively. These assets can be used only to satisfy obligations of the VIE, and creditors of the VIE have recourse only to these assets, and not to TPG RE Finance Trust, Inc. See Note 5 to the Consolidated Financial Statements for details